Bitcoin

(Bitstamp:BTCUSD 30m)

Bitcoin continued its climb somewhat, but never reached the resistance of the channel before pulling back. This came after double bearish divergence on both the RSI and MACD and falling volume after the bounce on the 26th.

We can see a bear flag forming here, so another leg down to the support of the channel is looking likely. If we end up breaking that support, a retest towards the 50% retracement and $8623 are be next on the agenda.

Ethereum

(Bittrex:ETHBTC 1h)

Rather than breaking down sharply from the ascending channel, ETHBTC is instead holding flat near highs, similarly to BCHBTC. It has the potential to make also make a very nice bullish consolidation zone, however I still require another day or two of low volatility and volume before I'd be willing to make that call.

You may notice that today's chart is from the exchange Bittrex rather than Bitstamp. I've swapped over most of my alt vs BTC charts to Bittrex as its higher trading volume makes it easier to analyse volume trends. It also shares similar properties to Bitstamp: its regulated and doesn't offer margin trading (at the moment), which I prefer for general charting.

Bitcoin Cash

(Bittrex:BCCBTC 1h)

Bitcoin Cash is still holding nicely within its consolidation zone, with a rejected push higher earlier. Volume still remains low, so nothing much has changed.

A conservative target price for the next bullish leg brings us nicely to 0.1800 when measured from the 0.1257 support. You may wish to take some profit at this extension. However, based on the size of the total run previously, it may be best to keep the position fully open and simply watch for any signs of weakness instead.

Litecoin

(Bittrex:LTCBTC 1h)

Litecoin still remains near lows, in a pattern near the opposite of Bitcoin Cash. While I wouldn't call this a bearish consolidation just yet, its starting to look that way.

I advise cautious around LTCBTC for both bulls and bears, as this volatility squeeze will likely result in a sharp break whichever way it decides to move. If you wish to take a position, keep tight stop losses.

Monero

(Poloniex:XMRBTC 2h)

Monero couldn't hold the support after its test of 0.02730 yesterday and is moving for a test of the 0.02610 and 0.02590 supports. There was a definite uptick in volume on the break downwards, signalling a level of panic in the market, so a drop all the way down to 0.02493 isn't out of question.

Disclaimer

I will do my best to give unbiased, objective analysis, but I can make no promises about my accuracy.
All posts are based on my personal opinions and ideas and do not constitute professional financial investment advice.